Spotted this in the IC.....they rate it.....could be a blue sky share I suppose...took a smallish punt on it...but not sure....lots going on within this company...

Wazzat ?....it's up.....goody, goody....come on : 30p will do fine....

Mr Byrne bunging another 1M shares into his pension fund. It's not the amount, it's only worth 20K at the moment, it's the fact that he's adding to his holding of nearly 10% of the company, showing commitment and confidence. Other institutions will follow his lead, probably have done today with over 9M traded. Consolidation at this level will do nicely for a while.

Starting to rise....could this be the start of something big ?....

And believe it or not : it is isable......could not believe it when I checked !...

Thar she blows...that's my baby.....go...go...go...

The herd have not yet discovered this one but they will....excellent update and their business is very much in the news stuff....

Finally back into profit! - Hopefully it will begin a strong run-up to the results in August.

RF - can you put a chart in the header?

Sorry, haven't a clue as how you do that.....but money am do have a few graphs running....more, much more to come from this company...

Don't like the red today....too many sells....they must be bonkers...

Has had a nearly 50% rise in a short period so people who bought around 2p would have made a nice profit. I've sold half today but am using the money to re-buy them in my ISA and add even more.

Staying put myself....and bought some for the isa yesterday.....very promising future for this one; I think so anyway....

required field,

Skinny (a fellow poster) has asked me to add a chart to the header of this thread. As it is your thread do you have any objections? If not let me know and I will make the necessary changes to the header,

Ian

No, none at all, go ahead.... my internet skills are limited, very interesting this share....

Topping up at 2.025p, full year results out at the end of the month, that's when everyone will start to take notice.

Nice to see Wasabi moving up nicely - purchased more at 2.025 as well and finally in profit:)

RNS Number : 2978N

Wasabi Energy Limited

31 August 2011

31 August 2011

Wasabi Energy Limited

("Wasabi," "the Company" or "the Group")

Final Results

The Board of Directors of Wasabi Energy Limited (AIM: WAS.L) present the final, audited financial report of the Company and its subsidiaries for the year ended 30 June 2011.

The Company's three main investments currently comprise:

Global Geothermal Ltd ("GGL") - 97% owned with agreement to purchase remaining minority interest

Aqua Guardian Group ("AGG") - 47.5% ownership

Australian Renewable Fuels ("ARF") - 17.33% ownership

Highlights

-- Successful listing of Wasabi on London Stock Exchange Alternative Investment Market raising A$7.9 million (GBP4.9 million)

-- Appointment of key management including Chief Operating Officer and President International

-- Global Geothermal Group signs licensing agreement with FLSmidth for the global deployment of Kalina Cycle(R) power plants in the cement and lime industries

o Pipeline of over 10 plants under review

-- Enhanced build, own, operate suite of Kalina Cycle(R) power plants with two plants secured

-- Further commercial development of AquaGuardian Group's AquaArmour water conservation product

o Successfully deployed across three sites in Australia

o Joint venture with Srithai Superware PLC in South-East Asia

-- Australian Renewable Fuels increases capacity to 150+ million litres per annum and secures feedstock at constant price

-- Additional placing to satisfy institutional demand raises GBP3 million (A$4.8 million)

Post Period End Highlights

-- Agreement to underwrite the proposed rights issue of Clean TeQ in line with AGG's strategy of becoming a major water company

Mr. John Byrne, Executive Chairman of Wasabi Energy, commented:

"This has been a transformational year for Wasabi with our successful listing on AIM. We have a strong management team, further bolstered by two key appointments during the year, and have continued to develop and achieve commercial success with each of our environmental sustainability solutions. We believe we have the platform in place to continue to develop our various businesses and we are excited about the pipeline of opportunities that lie ahead."

Wasabi Energy Establishes Kalina Cycle Project Development Company in Turkey.

. Wasabi Energy subsidiary to focus on build-own-operate Kalina Cycle projects

. The establishment of Imparator Enerji to spearhead development of IPP business in Turkey

. The Kalina Cycle well positioned in the rapidly growing Turkish renewable energy sector

. Imparator Enerji to deliver presentation at GeoPower Turkey on 21 September 2011

The directors of LonZim PLC (AIM: LZM), Beowulf Mining plc (AIM: BEM), Respect Your Universe (OTCBB: RYUN) and Wasabi Energy Limited (AIM: WAS) will be presenting:

Tuesday the 11th October 2011, Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB (Charles Suite)

The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.

FREE registration : http://www.proactiveinvestors.co.uk/register/event_details/123


This event is suitable for the following: Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.

The event is not suitable for people pursuing commercial opportunities.

Maybe of interest to any holders - United States to lead the world in geothermal power capacity